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Debt Consolidation Calculator

Merging your loans might cut repayment costs.

Use our calculator to see the benefits of consolidating your debt

When debts pile up, it’s easy to feel helpless. But there’s one strategy that might save you money and hasten your return to financial recovery. It’s called debt consolidation, which means merging your installment loans and credit card debt into one new loan. For this to be a good option, your new loan should reduce your overall interest costs and shorten your repayment timeline. Go ahead and plug current loan rates, balances and other data into this calculator to find out whether debt consolidation might be a helpful strategy for you.

Financial Education Center
Financial Education Center
Control your finances with a wealth of knowledge.

Having this account allowed me to save for college and now I have the opportunity to pay for my education without having to worry about interest.
Claudia M.

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